Filed with SSE · Stock code 600419 · · 6 pages · Chinese
Xinjiang Terun Dairy Co., Ltd. has announced the redemption upon maturity of cash management products purchased with temporarily idle raised funds and plans to continue cash management activities. The company has utilized a portion of its temporarily idle raised funds for cash management, specifically investing in a seven-day notice deposit. The announcement includes details on the investment amount, source of funds, and risk analysis related to the cash management strategy. The board of directors has approved this cash management strategy, ensuring it does not affect the normal use of raised funds for project construction.
Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries
Announcement on Redemption upon Maturity of Cash Management Products Purchased with Certain Temporarily Idle Raised Funds and Continued Cash Management
The abstract is for reference only. Please refer to the full text of the announcement on the very day.
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